Fiscal Cliff

December 7, 2012 - 8:33 PM
House Speaker John Boehner of Ohio speaks during a news conference on Capitol Hill in Washington, Friday, Dec. 7, 2012, to discuss the pending fiscal cliff. Boehner said there's been no progress in negotiations on how to avoid the fiscal cliff of tax hikes and spending cuts and called on President Barack Obama to come up with a new offer. (AP Photo/Pablo Martinez Monsivais)